Tag: developer

Construction & Real Estate

MAAIA’s two Dubai projects on track for Q2 2027 handover

MAAIA, a boutique luxury developer in Dubai, has confirmed that construction across its two active residential developments, La Clé in Al Furjan and La Vue in Nad Al Sheba Gardens, is advancing at full pace....

Construction & Real Estate

Majid Al Futtaim awards main contract for Distrikt Ghaf Woods

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group. ...

Construction & Real Estate

Binghatti Holding successfully prices $500 million sukuk

Binghatti Holding, one of the UAE’s fastest-growing real estate developers, has successfully priced a long five-year $500 million benchmark sukuk under its $1.5 billion Trust Certificate Issuance Programme, in a transaction that was 4.4 times oversubscribed....

Construction & Real Estate

Ssangyong E&C lands $250m Dubai residential towers contract

Leading Korean group Ssangyong Engineering & Construction (Ssangyong E&C) has won a $250 million contract from Dubai's state-owned real estate developer Wasl to build two high-rise residential developments in the Downtown Dubai area, said a report. ...

Construction & Real Estate

Aldar adds key land plots with $6.26bn development value

Aldar has added a number of strategic land plots across Abu Dhabi, with a combined gross development value of approximately AED23 billion ($6.26 billion), further reinforcing Aldar’s landbank strength and providing a pipeline for sustained, long-term growth across the capital’s most attractive development corridors....

Construction & Real Estate

Aldar's 9-month profits up 43% to $1.85bn

Aldar, a leading developer in the region, has reported a nine-month net profit before tax of AED6.8 billion ($1.85 billion), up 43% year-on-year (YoY), while net profit after tax rose 30% YoY to AED6 billion ($1.633 billion)....